Deposit, Withdrawal, Credit, Interest (3.9D)

Sally goes to the bank. She puts her babysitting money in her account. Sally has made a

• Deposit

• Withdrawal

Tags

CCSS.7.NS.A.1D

Katie goes to the bank. She takes money out of her account. Katie has made a

• Deposit

• Withdrawal

Tags

CCSS.1.OA.A.1

This is the cost of using some other person's or bank's money.

• Interest

• Credit

Tags

CCSS.7.RP.A.3

Using credit means a person will pay _______for something than it costs.

• less

• more

• same

• equal

Tags

CCSS.7.RP.A.3

Mrs. Fanning wanted to buy a new refrigerator. A store would give her the money to buy the refrigerator, but she would need to pay the money back. This is called a -

• credit

• deposit

• withdrawal

• debit

Tags

CCSS.RI.3.10

CCSS.RI.4.10

CCSS.RI.5.10

CCSS.RI.6.4

CCSS.RI.7.4

The ability to buy something now and pay for it later over time.

• interest

• credit

Katie buys donuts for breakfast.

• Deposit (+)

• Withdrawal (-)

Tags

CCSS.2.NBT.B.7

What is the most likely reason that Kathleen bought an iPad using credit?

• Wanted to compare prices

• Thought the iPad might go on sale later

• Needed the iPad for school

• Did not have enough cash to pay for the iPad

Tags

CCSS.RI.4.1

CCSS.RI.5.1

CCSS.RL.4.1

CCSS.RL.5.1

CCSS.RL.6.1